Alqanoni

Civil Transactions Law

Art. 242
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. If an assignment is for consideration, the assignor is bound to warrant only the existence of the assigned right at the time of making the assignment, unless agreed otherwise. Civil Transactions Law 2. If an assignment is without consideration, the assignor is not bound to warrant the existence of the right.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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